YSR Congress MP Magunta Srinivasulu Reddy will appear before the Enforcement Directorate (ED) today in the Delhi liquor policy scam. During this, Arun may confront Ramachandra Pillai. The probe agency has summoned Reddy today to join the probe on Saturday. The MP’s son Magunta Raghava Reddy has already been arrested in this scam.
Illegal investment of 40 crores in Magunta Agro
Raghav M Reddy’s father has been served notice by ED today to join the probe. There is an allegation against Raghav, son of YSR Congress MP, that he gave around Rs 100 crore to AAP through Vijay Nair as part of a conspiracy. He has an important role in connecting people in this conspiracy. The ED believes that the Rs 40 crore investment made in Magunta Agro is nothing but a proceed of crime. Along with this, Babli Beverages in which Sameer Mahendru is the owner, there is also a funding process of crime worth 25 crores.
Allegations of bribery of Rs 100 crore in ED’s charge sheet
The ED has claimed in a supplementary charge sheet that Vijay Nair received a bribe of Rs 100 crore from the South Group on behalf of AAP leaders, including its chiefs Magunta Srinivasulu Reddy, Raghava Magunta, Sarath Reddy and Telangana Chief Minister K Chandrasekhar Rao’s daughter K. There is poetry.
Acquired 9 liquor retail zones in Delhi
According to the ED, Magunta S Reddy is an important part of the liquor lobby in the South. He acquired about 32 per cent stake in Sameer Mahendru’s Indo Spirit through his people. He acquired 9 liquor retail zones in Delhi. Magunta showed the directors in his companies to someone else while he was controlling the companies from behind.
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